Closed-Ends Face Pressure
From Alternative of ETFs

As closed-end funds continue to garner competition from a new breed of exchange-traded funds, what sort of closed-end fund has a chance of getting off the ground?

Here's one: the Cuba Fund. Of course, that fund, currently in registration with the Securities and Exchange Commission, has an embargo problem to deal with. Until the U.S. government lifts its Cuba embargo, the fund's investment adviser doesn't have much of a chance of...